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December 19, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Dallas, Business Loans > Comerica Bank-Texas Dallas Business Loans > Baby Concepts, Inc. Loan | ||||
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Business Loans for Berlin Entrepreneurs
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Borrow Money to Buy an Usa Baby FranchiseBorrowing money to invest in an Usa Baby franchise? Comerica Bank-Texas has a history of making these loans and they are guaranteed by the SBA. Usa Baby franchise loans are available to Berlin, Connecticut entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank-Texas, based in Dallas, Texas, issued an SBA franchise loan for an Usa Baby franchise in 2004. We've got all the details on this Connecticut small business loan. SBA Loan Borrower BABY CONCEPTS, INC. SBA Loan Lender COMERICA BANK-TEXAS When it made this small business loan, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program aims to ensure expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 452990 - General Merchandise Stores Loan Approval Date 3/8/2004 Loan Approval Gross Amount $542,000 Loan Approval from the SBA Of the total $542,000 loan amount, the SBA guaranteed $406,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Usa Baby franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. We can help you find the best banks for small businesses in Berlin or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Small Business Banks in Dallas, Texas Browse All Business Loan Sources for Texas
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